Consumer
related stocks on the NZX 50 Index have been among the
biggest gainers this year, with a 35 percent gain based on
the NZSE Consumer Index, outpacing the broader market.
Briscoe Group has climbed 49 percent this year, while
jeweller Michael Hill International is up 39 percent.

The
0.4 percent gain in the latest month matched the forecast in
a Reuters survey. Actual sales were up 3.2 percent from a
year earlier.

Spending on fuel rose 1.6 percent and
spending on durables, which include furniture, hardware and
appliances, rose 0.7 percent in October. Consumables, such
as food and liquor, fell 0.6 percent following a decline of
0.7 percent in the previous month.

The electronic cards
data covers about two thirds of retail spending in New
Zealand.

Total electronic card transactions, including
those not related to retailing, also rose 0.4
percent.

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